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20121201
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
here in washington, d.c. we're not so sure we're getting out of town yet. >> they should be plans you can cancel if case you have to go right back to work. let me ask a question. jessica says pressure is a great motivator. talk about pressure last night on speaker boehner, couldn't get enough support from his own party for his plan. what does that mean for any kind of bipartisan plan they might be working out? >> it really does illustrate how difficult it is going to be for democrats to even achieve what the president laid out tonight, a scaled down version. the speaker himself said a couple of times today that he believes that the reason why he didn't get even the majority of the caucus to support him was because of a lot of difficulty voting to raise taxes, voting for anything that can be perceived as a tax increase. well, what the president is talking about even scaled down version is definitely raising taxes. and raising taxes on people making $250,000 or more, at least households, so that's going to be difficult to do. that's why reality check here, talking to democrats and repub
absolutely right. what happens if we settle on what washington thinks is a big win? let's call it $3 trillion. >> i think $3 trillion, $4 trillion will be a sufficient number, erin, to sort of calm investment markets and to produce a real economy that is growth positive as opposed to growth negative. you know, the real problem going forward is, you know, we are going over the cliff no matter what and depends on whether we go over like will e. coyote or road run we are a parachute. that's the road runner with a ra pa ra chute and there's more taxes to raise and entitlements to cut over the ensuing years. >> that's i guess the problem. i prefer to be roadrunner with a ra pa parachute. how can washington do the deal that prevent it is country from -- to give a sense of the outcomes, could be borrowing costs skyrocket. the costs are very serious in the long term. right? >> i think they are. it involves what's known as fiscal drag to economists. basically when you raise taxes and lower entitlements, lower federal spending, that reduces economic growth and it will. it just depend on how slowly or h
'm not very hopeful given what is happening in washington. a lot of clown action down there. there was some good news on housing. consumers doing their part. sales of existing home hit a high, the best we've seen in three years in november. >>> now our fourth story "outfront." breaking news, house speaker john boehner unexpectedly pulled a vote on his own tax plan. he couldn't get enough votes from his own party. now, boehner's plan would have allowed taxes to go up on people making $1 million or more. the reason there was a revolt, some people didn't want any taxes at all. dana bash is our senior congressional correspondent. how did this unravel? how significant is this development that the speaker thought he had the votes and he doesn't seem to. >> reporter: it is very significant. most importantly, when it comes to his leadership. i was speaking to a member of the house republican leadership, who admitted this is really not good. exactly how you framed it, erin. the w40e8 reason for this vote was to show the country, to show americans, and here in washington to show the president that re
as we focus on mental health and tonight, no deal in washington. let's go aufz. good evening, everyone. "outfront" tonight, desperate for answers. investigators spent the day at the home of 20-year-old adam lan lanza, sweeping the house for evidence of a motive. there are also new details tonight about nancy lanza's where abouts in the days before the shooting. deborah fayerick is live outside the home tonight. what has happened there tonight and today? >> it's rather remarkable because the major crime squad has been here all day and as we push into the house, lights are on in the top and bottom floor. now, they brought back the emotional crime lab and they're processing this crime scene. investigators have not retrieved any information from the damaged computer, the one that gunman is alleged to have smashed into pieces. the hard drive so damaged the fbi is having a difficult time getting any data. so what investigators are doing now, about half a dozen of them in the house. they're going through all documents, files, medicine c cabine cabinets. earlier today, we did see them bring ou
be leaving newtown. >> she was talking about washington state and ready to change her whole life, sell her house and start over, just for him, just so he could go to school and he was her life. >> friends say nance alanza was a gun enthusiast and had taken up target shooting as a hobby and they insist she was always responsible with guns. >> they painted her as some irresponsible gun freak and she wasn't. she was the epitome of responsibility and she was a paragon for gun safety and taught the boys how to use the guns responsibly. >> little did she know the son she doted on and taught how to use guns would turn those guns on her and children. they believe he shot and killed his mother as she was lying in bed before taking her guns, two of her handguns and an assault rifle. i sat down with some of nancy's friends at one of her favorite restaurants, a place she went to two or three times a week. it is called my place and i asked them about who was nancy lanza? >> 12 years ago, 12, 15 years ago, met her here in the bar. she would come in and take out food and we got to know each other and wit
of this segment. i would like to it change but i'm not very hopeful given what is happening in washington. a lot of clown action down there. there was some good news on housing. sales of existing home hit a high, the best we've seen in three years in november. >>> now our fourth story "outfront." we have news. a scram when for votes on the hill. the house was expected to vote actually right now. we were expecting to have breaking news that vote was coming in. it would be on speaker john boehner's plan to allow tax to go up on people who make over $1 million a year. but now that vote is in danger because it appears republicans are struggling to find the votes they need. the votes that they thought they had in the can to pass the bill. dana bash is our senior congressional correspondent. how did this unravel? how significant is this development that the speaker thought he had the votes and he doesn't seem to. >> reporter: it is very significant. if you can see over my shoulder, that is house speaker's office. a few moments ago, the house majority leader and other members of the leadership race in
in your op-ed today, and i want to quote you directly. you said, in part, washington has become possessed by the idea that a small group of negotiators, meeting in secret, can solve the deep, painful, and systemic problems plaguing this country with a single grand bargain, produced at the 59th minute of the 11th hour. this is a siren song. i suppose the question would be then, what makes you think, senator, that a larger group of lawmakers, say congress, would be able to do any better, given the unbearable gridlock that y'all have been in, and given the fact that gallup has polled y'all at 10% favorability. what makes you think you can do better? >> ashleigh, i think, had we been debating for the last two years openly and honestly, the very difficult choices this country faces, the threat we have over us from the debt, the american, and we've done so intelligently and effectively, and our members are capable of that, i believe the american people would have a better -- >> but senator, i think there are a lot of people who disagree with you and say, open and wonderful debate, sure, but the
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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